Metaverse: Decentraland (MANA) and Sandbox (SAND) Price Face Immediate Trouble

Decentraland (MANA) price is showing bullish signs in the weekly time frame, but the daily chart suggests more downside is likely prior to a reversal. Meanwhile, The Sandbox (SAND) has a bearish outlook in both long- and short-term time frames The post Metaverse: Decentraland (MANA) and Sandbox (SAND) Price Face Immediate Trouble appeared first on BeInCrypto.

Timeline of Decentraland, The-sandbox

Ethereum-based metaverse platforms Decentraland and Sandbox have responded to claims made by users on Twitter regarding the daily active users (DAU) on the platforms.  30 DAU with billions in valuation?

We are nearing an era that's driven by augmented and virtual reality. One of the preparations investors make to ride the upcoming tide is piling on NFT projects with high potential to become Metaverse superstars.

There seems to be disagreement over how many active users Decentraland, the Ethereum-based, community-developed metaverse project has. On the one hand, DappRadar presents a measly sum of 23 active users (as of 11am, Monday October 10), with 516 counted over the past 30 days.

While metaverse platforms Decentraland and The Sandbox both have below 1,000 daily active users, they each have over $1 billion in valuation. So who's actually using the metaverse right now?

In response to a CryptoSlate article published on October 6, Decentraland has disputed the claim that its virtual world platform is a ghost town. The post Decentraland dispute claims its virtual world platform is a ghost town appeared first on CryptoSlate.

Decentraland (MANA) and Shiba Inu (SHIB), have started to gain ground in terms of whale activity despite the sluggish bear market. The post Why Decentraland (MANA) And Shiba Inu (SHIB) Prices Could Be Ready to Rally After Quiet Q3 appeared first on BeInCrypto.

SPONSORED POST* The rise of cryptocurrency projects with a Metaverse base has been a fascinating recent development in the crypto world. Large corporations and well-known investors are all making significant bets on this brand-new digital world.  The most innovative NFT collections offer metaverse experiences, yet finding the best Metaverse NFT projects can be difficult.

Twitter user @0x_shake, who identified himself as the founder of the Solana-based Cyber Samurai NFT project, noted that despite a $1.2 billion valuation, Decentraland has just 30 daily active users (DAUs). The post Decentraland has just 30 daily active users despite billion dollar market cap – DappRadar data appeared first on CryptoSlate.

Blockchain technology and cryptocurrencies are rapidly expanding, which is no secret. It might be challenging to stay updated with the newest projects and applications since they are being launched daily.

SAND is the native token of the Sandbox metaverse and is used to facilitate gameplay transactions such as purchasing digital land and interacting with user-generated content. Sandbox started out as collaboration between Pixowl and developer Onimatrix Binance listed SAND and is already available for trading on its platform The token is responding positively with this development, trading at $0.86 as of press time Along with the ASSET and NFT-type LAND tokens, SAND makes it all possible for Sandbox to give its users the best gaming experience.